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Allianz opened only a year ago and cost $828mill for a bells and whistles 42,500 stadium.
Penrith didnt need to be as good as commbank. Not sure how much paceway was going to cost to purchase be geez thats some inflation on the cost of Allianz!
Construction is out of control in this country. They are building this amazing 60k stadium and surrounding sports area in Hong Kong for $600mill Aus
Kai Tak Sports Park | Populous
Kowloon, Hong Kong Kai Tak Sports Park Limited Hong Kong’s new, state-of-the-art sports complex will accelerate the advancement of sports in the city. On a local scale, it will provide a high-quality sporting precinct for the region’s 7.4 million residents. Beyond that, the stunning 50,000-seat...populous.com
It sounds like an exaggerated figure to use as an excuse for Penrith not getting anywhere near why was originally planned. Construction prices have gone up but not tripled surely.